Billionaire’s Family Splits: Bill & Melinda Gates File For Divorce After 27 Yrs Of Bonking

Billionaire’s Family Splits: Bill & Melinda Gates File For Divorce After 27 Yrs Of Bonking

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By Spy Uganda Correspondent

Bill, the billionaire founder of Microsoft, and Melinda, an author and businesswoman, announced their decision to separate on Monday after 27 years of marriage in an identical statement posted on their individual Twitter accounts.

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“Over the last 27 years, we have raised three incredible children and built a foundation that works all over the world to enable all people to lead healthy, productive lives,” the statement read. “We continue to share a belief in that mission and will continue our work together at the foundation, but we no longer believe we can grow together as a couple in this next phase of our lives.”

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The couple, who met at Microsoft and married in Hawaii in 1994, asked for privacy.

A joint petition for dissolution of marriage filed by the couple in King County Superior Court in Seattle stated: “The marriage is irretrievably broken.”

The couple asked the court to approve their agreement on the division of assets but did not disclose details.

Bill Gates, 65, founded Microsoft in 1975 with Paul Allen. His net worth stands at an estimated $130.5bn, according to Forbes, and he has donated $35.8bn worth of Microsoft stock to the couple’s foundation.

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He announced last year he would be stepping down from Microsoft’s board to focus full-time on his work as the foundation’s co-chair.

Melinda Gates, 56, serves as the foundation’s co-chair and is the founder of Pivotal Ventures, an investment and incubation company that works to advance the interests of American women and families.

Launched in 2000, the Bill & Melinda Gates Foundation is the largest private philanthropic foundation in the United States and one of the biggest in the world, with net assets of $43.3bn at the end of 2019, according to its website.

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The foundation provided $5.1bn to grantees in 135 countries in 2019 and employs 1,602 people.

In 2020, the foundation announced it was committing more than $1.75bn to support the global response to COVID-19.

Since its inception, the foundation said it has awarded more than $54.8bn in direct payments, focusing its activities on health, development and climate.

Future Direction

The pair “will continue to work together to shape and approve foundation strategies, advocate for the foundation’s issues and set the organization’s overall direction,” the Gates Foundation said in a statement.

READ ALSO: World’s Richest Man Jeff Bezos Divorces Wife After 25 Years

The Gates’ is the second high-profile divorce among tech’s ultra-wealthy in recent years. Amazon founder Jeff Bezos and his wife, MacKenzie Scott, separated in 2019 after 25 years of marriage.

Scott, an author and philanthropist, went on to donate $5.7bn of her fortune in 2020 to charities focused on racial justice and food insecurity. She married Dan Jewett, who worked as a chemistry teacher at her children’s school, earlier this year.

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